Replacement of Domestic Items

Question asked by Catherine Myers 8 months ago

My expense for replacement for domestic items does not appear to be coming through to my MTD summary. Is there a reason for this?

Thanks

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2 Replies

Hi Catherine,

I have taken a look, replacement of domestic items is not taken off of rental income for tax purposes. It can only be entered on the MTD Tax return at the end of the year, as an "allowance".

Please see HMRC's guidance here.

Tommy

Best answer
8 months ago

Hi Tommy , it's not taken off for tax purposes ? does this mean the total will not be taken off my gross income ?

3 days ago

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